FREE INTRADAY NSE BSE TIPS FOR

(09/04/2010)

SCRIP NAME

S1

S2

R1

R2

DLF

316

303

330

340

ICICI

946

931

955

975

IVRCL

168

164

171

178

PANTALOON

405

392

413

425

SAIL

226

215

225

235

SBI

2085

2064

2090

2115

ACC

951

937

964

988

The rates indicated here are based on the past performance of an individual scrip.

There is always a risk of loss element involved in trading.

SUMMARY OF TODAY’S TRADING

(07/04/2010)

Our market has reacted to the Global weakness and Global market is reacted to the nervousness of Greece Default and ofcourse the strong profit bookings made our market to end up with huge the points down. When we talk about an individual especially SAIL, you can expect for a good rally in the near term since Government has once again announced the disinvestment. By virtue of this Government is to get an additional capital of Rs.8000 Crores.

Market downside will be very limited and we will have to make use this as buy on dips because it cannot go down beyond 5200 points in the NIFTY even it happens to see a big down trend.

Sensex closed at 17714, down by 255 points and Nifty at 5304, down by 70 points from its previous close. CNX MIDCAP was down by 0.55% and BSE SMALLCAP INDEX was also down by 0.38%. The market breadth was negative with advances at 449 against declines of 828 on the NSE.

Today’s top NIFTY gainers are IDEA CELLULAR LTD, BPCL and INFOSYS and losers are SAIL, HINDALCO and HDFC.

Today’s top SENSEX gainers are JAI CORP LTD, LANCO INFRATECH LTD and ESSOR OIL LTD and losers are SAIL, Welspun Gujarat Ltd., and Hindalco Industries Ltd.,

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